The Advanced Materials for Displays market is expected to grow from USD 154.21 billion in 2022 to USD 251.67 billion by 2032, at a CAGR of 5.02% during the forecast period 2023-2032.
Advanced material for display refers to materials used in display technologies, including OLED and LCD screens. Various types of panel display devices are constructed using advanced materials. These advanced materials are essential for most products to improve performance and reduce manufacturing costs. There are many benefits to using advanced display products. Advantages include cost-effectiveness and portability compared to other displays. The use of advanced materials means that the weight of the glass is reduced by 60%. Other benefits of using advanced materials for displays include r indoor air pollution, positive environmental impact and reduced production costs.
The increasing demand for OLED screens and other displays, the rapid development of new technologies, the increasing need for high-quality screens (4K and 8K screens), and the rising popularity of smart wearable devices are driving the growth of the advanced materials for displays market. In addition, new lightweight technologies and energy-efficient smart displays used in smart devices are anticipated to propel the market's growth over the forecast period. On the other hand, volatile raw material costs and the rising costs associated with advanced display technologies (transparent displays and quantum dot displays) are expected to create new opportunities during the forecast period. Additionally, the slow growth of laptops, desktop computers, and tablets and technological complexity in less developed countries are anticipated to challenge the market's growth during the forecast period.
This study comprehensively analyses type, application, and region. The type segment includes IPS panel, TN panel and VA panel. The IPS panel segment held the largest market share in 2022. TVs, smartphones and Tablets use a panel technology called in-plane switching panel displays (IPS). Compared to other displays, in-plane switching panels are relatively inexpensive to manufacture. The application segment is divided into laptop & LCD display, television and others. The television segment registered the largest market share in 2022 owing to the enormous quantity of advanced materials used in television screens to produce maximum brightness and accurate colours.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North American region held the highest market revenue in 2022 due to the growing production and need for intelligent display technology. Moreover, rising investments in R&D activities and efficient product development boost the region's growth. Besides, the increasing disposable income and rising popularity of advanced technological gadgets further fuel the region's growth.
Some of the notable players in the market are LG Display Co. Ltd., 3M, Merck, Henkel, Japan Display Inc., Unidym, Samsung Electronics Co. Ltd., Toray Industries, Applied Materials, Ritdisplay Company, Rolic Technologies, Sanritz Corp., Nissan Chemical, Shijiazhuang Chengzhi Yonghua Display Materials, DuPont, Xintek Inc., Dow Electronic Materials, QD Vision Inc., and Universal Display Corp. among others.
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increase in popularity of smart wearable devices
5.2.2. The increased usage of OLED displays in smartphones
5.2.3. The increase in demand for the 4K and 8K visuals for display
5.3. Restraints
5.3.1. Volatile material cost
5.3.2. High costs associated with the latest display technologies
5.4. Opportunities
5.4.1. Rapid technological development
5.5. Challenges
5.5.1. Stagnant growth of desktop PCs, notebook, and tablets
6. Global Advanced Materials for Displays Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. IPS Panel
6.3. TN Panel
6.4. VA Panel
7. Global Advanced Materials for Displays Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Laptop & LCD display
7.3. Television
7.4. Others
8. Global Advanced Materials for Displays Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Advanced Materials for Displays Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Advanced Materials for Displays Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. LG Display Co. Ltd.
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. 3M
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Merck
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Henkel
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Japan Display Inc.
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Unidym
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Samsung Electronics Co. Ltd.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Toray Industries
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Applied Materials
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Ritdisplay Company
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Rolic Technologies
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Sanritz Corp.
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Nissan Chemical
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Shijiazhuang Chengzhi Yonghua Display Materials
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. DuPont
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Xintek Inc.
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Dow Electronic Materials
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. QD Vision Inc.
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis
10.19. Universal Display Corp.
10.19.1. Business Overview
10.19.2. Company Snapshot
10.19.3. Company Market Share Analysis
10.19.4. Company Product Portfolio
10.19.5. Recent Developments
10.19.6. SWOT Analysis
List of Table
1. Global Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
2. Global IPS Panel, Advanced Materials for Displays Market, By Region, 2019-2032 (USD Billion) (Tons)
3. Global TN Panel, Advanced Materials for Displays Market, By Region, 2019-2032 (USD Billion) (Tons)
4. Global VA Panel, Advanced Materials for Displays Market, By Region, 2019-2032 (USD Billion) (Tons)
5. Global Advanced Materials for Displays Market, By Application, 2019-2032 (USD Billion) (Tons)
6. Global Laptop & LCD Display, Advanced Materials for Displays Market, By Region, 2019-2032 (USD Billion) (Tons)
7. Global Television, Advanced Materials for Displays Market, By Region, 2019-2032 (USD Billion) (Tons)
8. Global Others, Advanced Materials for Displays Market, By Region, 2019-2032 (USD Billion) (Tons)
9. Global Advanced Materials for Displays Market, By Region, 2019-2032 (USD Billion) (Tons)
10. North America Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
11. North America Advanced Materials for Displays Market, By Application, 2019-2032 (USD Billion) (Tons)
12. U.S. Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
13. U.S. Advanced Materials for Displays Market, By Application, 2019-2032 (USD Billion) (Tons)
14. Canada Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
15. Canada Advanced Materials for Displays Market, By Application, 2019-2032 (USD Billion) (Tons)
16. Mexico Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
17. Mexico Advanced Materials for Displays Market, By Application, 2019-2032 (USD Billion) (Tons)
18. Europe Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
19. Europe Advanced Materials for Displays Market, By Application, 2019-2032 (USD Billion) (Tons)
20. Germany Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
21. Germany Advanced Materials for Displays Market, By Application, 2019-2032 (USD Billion) (Tons)
22. France Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
23. France Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
24. U.K. Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
25. U.K. Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
26. Italy Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
27. Italy Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
28. Spain Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
29. Spain Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
30. Asia Pacific Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
31. Asia Pacific Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
32. Japan Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
33. Japan Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
34. China Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
35. China Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
36. India Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
37. India Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
38. South America Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
39. South America Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
40. Brazil Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
41. Brazil Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
42. Middle East and Africa Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
43. Middle East and Africa Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
44. UAE Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
45. UAE Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
46. South Africa Advanced Materials for Displays Market, By Type, 2019-2032 (USD Billion) (Tons)
47. South Africa Advanced Materials for Displays Market, By Application 2019-2032 (USD Billion) (Tons)
List of Figures
1. Global Advanced Materials for Displays Market Segmentation
2. Global Advanced Materials for Displays Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Advanced Materials for Displays Market Attractiveness Analysis By Type
9. Global Advanced Materials for Displays Market Attractiveness Analysis By Application
10. Global Advanced Materials for Displays Market Attractiveness Analysis By Region
11. Global Advanced Materials for Displays Market: Dynamics
12. Global Advanced Materials for Displays Market Share By Type (2023 & 2032)
13. Global Advanced Materials for Displays Market Share By Application (2023 & 2032)
14. Global Advanced Materials for Displays Market Share By Regions (2023 & 2032)
15. Global Advanced Materials for Displays Market Share By Company (2022)
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